Scams

Why you should be careful of investment advice websites
Scams

Why you should be careful of investment advice websites

You must have read several investment advice articles from various websites you trust to have superior knowledge about the financial markets, it will shock you to know that The US Securities and Exchange Commission has issued a fraud alert to warn investors that seemingly independent commentary on investment research websites […]

Review of money doubling SmartCashPlus ponzi
Ponzi Scheme

Review of money doubling SmartCashPlus ponzi

SmartCashPlus is an online peer to peer donation platform that promises to double participant’s investment. According to the promoters of the ponzi scheme after offering to donate to a fellow participant, the system automatically pairs you with a fellow member to give to and expect to receive Double your donation. […]

Fixxit ponzi scheme 200% review
Ponzi Scheme

Fixxit ponzi scheme 200% review

Fixxit is another ponzi scheme in Nigeria set up with the peer-to-peer model. Its promotes say it is a product of a desire to fix the many financial issues that many smart and hard working individuals face, while encouraging social networking and partnership among persons of all ages, strata and works […]

CFTC bans two Citigroup Traders for Spoofing
Scams

CFTC bans two Citigroup Traders for Spoofing

The U.S. Commodity Futures Trading Commission (CFTC) said it has banned Stephen Gola and Jonathan Brims from trading for 6 months for spoofing in U.S. Treasury Futures Markets. According to the CFTC, Stephen Gola and Jonathan Brims committed the offence while they were working at CitiGroup Inc. The CFTC said […]